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WBD Sale - a total disaster for Stink

Stank keeps talking about being a “market-based company,” but the market has already delivered its verdict, and it is absolutely brutal.

Just look at the scoreboard.

AT&T’s market cap today is around $180B.
Netflix, a company AT&T once thought it could compete with through the WarnerMedia empire, is sitting around $430B+. Netflix is worth more than double AT&T. That alone tells you everything about which company the market believes in.

And when you look at how we got here, it’s even worse.

AT&T bought Time Warner for roughly $85B, swallowed billions more in debt, tried to play Hollywood, mismanaged the integration, then spun it off in 2022 into Warner Bros Discovery wiping out over 50 of billion in value.
WBD stock fell as low as $7.50, and even now AT&T stock at roughly $25.46 is trading below WBD’s $25.80.
An $85B asset turned into a fraction of its worth, and now WBD is being shopped to Netflix for double compared to the sale and divestiture price.

Billions burned.

A strategic failure so large business schools literally teach it.
And the company has spent the last five years trying to claw its way back to where it was BEFORE all these “visionary decisions.”

So when Stankey and the leadership team brag about “market-based” strategy, it’s a joke the actual market doesn’t find funny. Wall Street sees right through it. Investors have no confidence. Employees have no confidence. The stock has gone nowhere during his tenure, and the company’s major bets have been disasters.

If AT&T truly wants to operate like a modern, market-led company, then start acting like one beginning with ending his latest “visionary decision” - the outdated RTO obsession that adds cost, crushes morale, pushes out top talent, and delivers zero measurable business benefit. Wait too long and you’ll never recover from that too.

Real market-based companies reduce overhead, increase flexibility, retain talent, and innovate.
AT&T is doing the opposite and the market has priced that in loud and clear.

Leadership can keep talking about culture, presence, and “the plan,” but the numbers don’t lie.
The strategy isn’t working.
And the market knows it.
And so do we.


Big XII Championship Game

I am watching the Big XII championship game right now presented by Edward Jones. In a first quarter commercial break here pops up our beloved Penny Pennington with her dyed hair (when you see her in person she has plenty of gray). She talks about Edward Jones standing beside people helping them achieve their dreams and find their “rich”. She forgot to tell the football fans that she will help you achieve your dreams unless she can offshore your position for cheap Indian labor. If that is the case then you are on your own. Penny is such a blatant liar!


Personnel challenges faced by AT&T

This Forum reflects the need for significant headcount reductions in 2026. We struggle with any decision for increased investment while AT&T continues to retain these bad seeds. They tarnish the value of your Product. AT&T could have a bright future if the tougher decisions are made to prevent further decline.


January layoffs in the works....

Get ready folks, here comes another round... Pipeline is crawling, lots of folks on the bench... But wait, we spent a lot of money on SalesForce!! Just helps to show how bad it is, quicker and more efficiently. Can't fire people quick enough to save $$$. Let's fire more hard working Americans and move those roles offshore, stat! AAR please! Cause none of us have served in the military, but we did this really cool thing at West Point and like to believe that we really are tough, like rugged man tough and we got a T-shirt and love to add it to our linkedin profile, cause you know, it makes us look tough. Did I mention how rough and tough we are?

Solutions Integrator <---- Failed
VAR <---- Abandoned the back bone to chase a field of dreams
AI Super Star <---- Not really, but it sounds cool, like cool cool
Dud <---- Current state of affairs

All the execs are trying to get their buddies into the CEO role to save their behinds. Hey, I know let's hire more of the Lequin family to come and help out.. cause as you know, they crush quota! Hahahahah

If you invested funds in Insight five years ago, you only got a 17% return. Wow, those are some stats to brag about around the Christmas dinner table. Hey, we salvaged 1/3 rd of market cap to boot in only 2 years. Man, I can't wait to tell the kids. He-l, I think that I will be writing a book, doing a podcast, a vlog and well just telling the world how awesome we are. I just bought 20 more pieces of that awesome Fuchsia clothing to show just how much I love this place.

Make sure that you kiss a lot of behind to not get the boot on January 5th. Or just call yourself a CTO or CISO, since we have unlimited number of those around here and you'll be safe.


Filthy cars yet lets explore autonomous vehicles?

What happened to going back to basics? Our cars are filthy, skeleton staff to run locations, declining market share but hey lets explore autonomous vehicles and be known more for selling cars. Almost 2 years into Gilly Wi--y Westy’s tenure and the flywheel continues to turn in the wrong direction. I can’t believe this is what became of my Hertz!


$&7)(;4//

I had worked for Ericsson and Hans was a wrecking ball. Layoffs all over. I moved to AT&T and that wasn’t better. So… I went to VZ. And what the he-l, they hired Hans. Then the cuts started. What I want to know is who is going to be held responsible for VZ loosing the top spot in wireless? So give 20 million for failure? For his departure! BS in my opinion!


Did Walgreens Fail On Purpose?

If you are planning on taking Walgreens private, wouldn't you want to pay as little as possible to do so? And, once you own the company, wouldn't you want to "improve" it easily to make as much money as you can when you sell it or have it go public again?

For instance, is it possible that Pessina/Sycamore/etc. intentionally:

  1. Created a bad anti-theft policy so Walgreens would incur losses that could easily be made up after changing this policy later.

  2. Created bad losses like the doctor office scheme, etc.

  3. Paid massive amounts of money out to 'leaders' who were either friends or affiliated with each other.

The reason I thought of this is because of all the new over-stock all the stores are getting. They obviously held back on stocking the stores immediately before the sale and then after the sale, went back to making sure stores are fully stocked. That is at least somewhat of a manipulation. What else did they do.


Texas and BTC - layoffs?

Most Spring employees between the age of 40 and 55 are dead weights and holding onto a capsizing vessel for their dear life as they know that they cannot find any other job and ExxonMobil is the only place where their BS existence gets tolerated.

If the company fires each and everyone of them, it will not make any difference. Most have been rotten by the poor core culture by working under toxic reward conditions once they have worked more than 5-10 years. It is a point of no recovery.

Those who worry about BTC, let's be clear.... BTC only recruits the worst and from the bottom of the Indian talent pool. Do not expect virtue from that place. Only expect grinning yes men and women who will do anything to get your or anyones money in their pocket.

Principles do not matter to both these classes. Virtue is an unknown word and greed is the only motivation.


Toxic Mike

It is astonishing how far Chevron has fallen under MW. The culture is absolutely toxic. I wouldn't be able to sleep at night knowing what ive done to so many people, but then again I still have a soul. LC is almost worse than MW as he not only doesn't care but is completely ignorant. This company is headed for disaster. What others are saying about taking an MW is the new word, sadly this company is not going to be Wirth an MW in the near future...


Done

Well. That’s it. Ford guy from way back. Sick of BS here. People su-k. Product su-ks. Done. Used to dream about ford. Fairlane, mustang, galaxy, comet….. so many name brands. Destroyed. Can’t take it. Ford blue. No more. Sorry !


JW ... still in his bubble dreamland

Unbelievable - JW has become a laughing stock .... tone deaf and unrelatable to 99% of IOL staff across the board. Did y'all see his interview emailed - felt like a replay of his announcement on 30th Sep (exact same words too) - must be practicing them every night in sleep too! What a joker - worst CEO ever awardee! No leadership skills. He looks weak and incapable of ushering IOL to rebuild from here.

Not a single person I know in company is willing to trust this JW joker. Forget the transformation - people mostly in all stages of career - near retirement/Mid-career/Early career - everyone is looking to bail out of this sinking ship over next 2 years. Purely based on the lack of trust of the CEO. I wish HR understands this soon enough.

Not that anyone is asking, but perhaps here is an advise - EM could fire this joker CEO because of all the ill will he has earned in such a short time & replace him with a more trustable person to take the company forward into transition - someone who is actually capable of doing the job and not just a bootlicker.


Stop the BS

L3s and the rest of the C level just need to stop with the BS. Just say you are coming in the office, that's it, if you want to get a paycheck get your A$$ in the office. This fake caring how we feel or how we work is more annoying than anything. We already know Hadji is in the office for like 3 hours then he heads home. Who really wants to work with there team in neighbor hoods ugh.

ha can we point out the ghetto neighbor hoods?

Just say it, I'm tired of all the playacting BS C level is doing, grow a pair of ba--s and get your @$$ in the office as well.


What Does ‘This Is Shell’ Really Mean Now?

YL repeatedly promotes the ‘This is Shell’ moto, yet his messaging focuses almost entirely on LNG, Trading, and short-term shareholder value. If this is truly Shell’s identity now, what does that mean for the rest of the company? What should the logo or tagline really be?


Bravo Dan

Saying nothing but the truth. We aren’t what we used to be. Hans shipped all of customer service to 3rd world countries. What were we thinking the outcome was going to be ? Cheaper for a better experience? Heck no. You get what you pay for. The good old days with Lowell where our customer service was #1 and respected.

Our network su-ks. What happened to our network ? Can you hear me now? “Call dropped” I miss those day we had full bar is signal anywhere we would go. Now it’s 1 bar everywhere unless you live next to a tower within site distance.


See something, say something email

He-l no! I don’t know where the first post went that was sent on the email but we will not do that until the ethical topics described on that post caused by executives are reported and there are consequences. We damn sure won’t tell that colonel sanders fraud or any of his team or him resources where he operates!


Thoughts on All Employee Webcast

  • it’s unacceptable to start a meeting at 10:31 instead of 10:30 but runs over in current meeting
  • talks about silos and every single thing in this company is siloed
  • culture is at its worst because Sam Hammock- get rid of her
  • customer service is bad across all companies- it’s literally the most simple answer- stop putting non English speakers in customer service roles
  • about time we do away with not hiring / promoting outside of NJ or TX - but will we hold HR accountable for putting that new policy in place
  • I do agreed with what he said about us not winning and doing poorly but in all honestly, it’s leaderships fault for where we are. When will leadership be held accountable?

Goodbye Nina Goodheart

After years of foisting your su-kage onto SH&A, you are taking the golden parachute in a testament to the clear lack of leadership ability and lack of qualifications you brought to a once mighty division, leaving the group wallowing in debt to the tune of almost $800,000,000 to Blackstone, no clear goals and a culture of pettiness and obsequiousness.

Thanks for the memories and the sh---y raises.


We need more transparency

Why is it so hard to keep us properly informed about what's going on? Why do we have to guess and put together scenarios based on a sentence here and an email there? What does it cost them to be open with us? Even if it's bad news, it's always better to know than just guess.


Exxonmobil Singapore future doesn't look great

Wonder if anyone still have faith for ExxonMobil Singapore future. The recent cut was very harsh and again a political game in the company. There are many whole day do nothing didnt get cut but there are ppl work damn hard get cut.. do you still like to work here ? What is the future to work here in dying sunset industry with flooded China and regional advancement and high quality and cheaper products.. sell gas station, shutdown cr--ker, whats next 5yrs, 10yrs? What else will remain running? Comments please...